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General

Vodafone condemns Telefonica's dominance of Spanish pay-TV

Tuesday 2 September 2014 | 14:09 CET | News
Vodafone Spain's CEO Antonio Coimbra has called on the country's competition and telecoms regulator, CNMC, to be "implacable" in its probe of Telefonica's proposed takeover of Spanish pay-TV platform Digital+. In June Telefonica said it had closed the purchase of the 56 percent stake in Digital+ owned by Prisa for EUR 750 million to raise its stake in the broadcaster to 78 percent, subsequently agreeing to acquire Mediaset's 22 percent stake in Digital+ for an initial EUR 295 million. According to Vodafone's CEO, the deal would give Telefonica access to 62 percent of Spain's pay-TV customers

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Categories: General
Companies: Canal+ / Digital+ / Mediaset / Movistar / Prisa / Telefonica / Vodafone Spain
Countries: Spain
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